Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Allianz SE

EUR1,000,000,000 3.099% Notes due 06 July 2047

Issued off the Debt Issuance Programme including separate prospectus

Post-Stabilisation Notice

Commerzbank (contact: Ian Turner; telephone: 44-207-475-1817) hereby gives notice that no stabilisation (within the meaning of Article 3.2 (d) of the Market Abuse Regulation (EU Regulation 596/2014))) was undertaken by the Stabilising Manager(s) named below in relation to the offer of the following securities.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not for distribution, directly or indirectly, in or into the United States or any other jurisdiction in which such distribution would be unlawful.